Report Update: May 1, 2024

Chile - Flaked or Rolled Cereals - Market Analysis, Forecast, Size, Trends And Insights

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Price for Flaked or Rolled Cereal in Chile - 2023

Price for Flaked or Rolled Cereal in Chile (FOB) - 2023

In September 2023, the average flaked or rolled cereal export price amounted to $672 per ton, flattening at the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.0%. The growth pace was the most rapid in March 2023 when the average export price increased by 6.7% m-o-m. Over the period under review, the average export prices attained the maximum at $697 per ton in July 2023; however, from August 2023 to September 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In September 2023, the highest price was recorded for prices to Nicaragua ($774 per ton) and the United States ($705 per ton), while the average price for exports to Colombia ($629 per ton) and Ecuador ($643 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Flaked or Rolled Cereal in Chile (CIF) - 2023

In September 2023, the average flaked or rolled cereal import price amounted to $373 per ton, rising by 3.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 8% m-o-m. The import price peaked in September 2023.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From September 2022 to September 2023, the rate of growth in terms of prices for Argentina amounted to +1.6% per month.

Exports of Flaked or Rolled Cereal in Chile

Flaked or rolled cereal exports from Chile skyrocketed to 226K tons in 2022, rising by 20% compared with the year before. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flaked or rolled cereal exports rose markedly to $136M in 2022. The total export value increased at an average annual rate of +14.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 46%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Flaked or Rolled Cereal in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Colombia	21.4	28.2	26.2	23.4	3.0%
Peru	9.9	16.4	18.6	18.8	23.8%
Guatemala	8.9	20.4	14.0	18.5	27.6%
Ecuador	10.3	15.5	14.2	14.0	10.8%
Venezuela	2.6	6.9	7.0	13.9	74.9%
Dominican Republic	7.4	9.8	10.0	7.8	1.8%
Mexico	2.5	1.7	1.8	7.2	42.3%
United States	0.9	1.7	2.1	5.7	85.0%
India	5.8	6.8	2.4	4.8	-6.1%
Nicaragua	7.2	8.6	6.0	3.9	-18.5%
Costa Rica	3.3	4.0	3.1	3.6	2.9%
Argentina	2.2	2.6	4.1	3.5	16.7%
Bolivia	2.1	2.6	2.0	2.2	1.6%
Others	7.3	8.3	7.4	8.3	4.4%
Total	91.6	133	119	136	14.1%

Top Export Markets for Flaked or Rolled Cereal from Chile in 2022:

Colombia (41.6K tons)
Peru (32.1K tons)
Guatemala (29.4K tons)
Ecuador (24.5K tons)
Venezuela (22.5K tons)
Mexico (12.3K tons)
Dominican Republic (12.2K tons)
India (9.8K tons)
United States (8.6K tons)
Costa Rica (6.0K tons)
Argentina (5.5K tons)
Nicaragua (5.2K tons)
Bolivia (3.2K tons)

Imports of Flaked or Rolled Cereal in Chile

In 2022, imports of flaked or rolled cereals into Chile soared to 175K tons, growing by 16% on 2021 figures. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 312%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, flaked or rolled cereal imports soared to $54M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 294%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Flaked or Rolled Cereal in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	2.5	8.7	38.9	53.3	177.3%
Others	0.9	1.4	1.2	0.6	-12.6%
Total	3.4	10.2	40.2	53.9	151.2%

Top Suppliers of Flaked or Rolled Cereal to Chile in 2022:

Argentina (174.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for flaked or rolled cereal in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10613333 - Rolled, flaked, hulled, pearled, sliced or kibbled cereal grains (excluding rice)
Prodcom 10613335 - Germ of cereals, whole, rolled, flaked or ground (excluding rice)

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023